Tata Motors PV targets Rs 6 lakh crore revenue, 1.2 million units by FY31

Tata Motors Passenger Vehicles is charting an aggressive FY31 roadmap: Rs 6 lakh crore in revenue, a 10% EBIT margin, and 1.2 million unit sales powered by EV and CNG momentum. Capacity expands from 900,000 to 1.3 million units within 2-3 years to absorb 600,000 incremental units over current 640,000 sales.

— Filed Tue, 23 Jun, 2026, 14:40 IST · Source ET Small Business · Updated

Tata Motors PV targets Rs 6 lakh crore revenue and 10% EBIT margin by FY31, aiming for 1.2 million unit sales led by EVs and CNG, expanding capacity to 1.3 million units within 2-3 years.

Why this matters

Builds on Tata Motors PV's FY27 industry-leading growth ambition and two-thirds India EV market share, extending its long-range roadmap with concrete revenue, margin and capacity targets through FY31.

Retail-company signals steady at 3,504 in last 90 days, reflecting consistent corporate strategy disclosures.